EMP emperor energy limited

is boysy right or bearish jnr asx explorers?

  1. 492 Posts.
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    Some reasonable comments from Boysy recently, however I think we need to look at things in perspective.
    Hot Copper should be & is all about freedom to voice your views ... be it through whatever tinted glasses you are wearing.


    No point in unjustifiably seeking to complain about management when they are making GREAT progress within a slow legalistic system (e.g. native title), & when the ASX market for small cap junior explorers is pretty depressed & bearish

    Let's not complain about management for a lousy share price, when a significant number of ASX small cap junior explorers have a lousy share price in a depressed & bearish market for such stocks, & with current their share prices at a small % of what their share price was say 1 or 2 years ago

    In my view OBL is in a much better position now when share price around 2c (with the assets & status of those assets) than a couple/few years ago when OBL share price around 7c.
    Those that have taken a haircut (realised or unrealised book only) on OBL have most likely also taken a haircut with numerous other junior explorer companies in their portfolio.

    if do not like he way management are purportedly under-performing when it comes to OBL shareprice ...we have freedom of choice to sell our shares


 
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